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This afternoon, BTC briefly dipped below 65,541 with a sudden needle move, then quickly reclaimed it. Our long-bet range call from 65,244 to 65,541 this afternoon was a “battle zone” for price action, and many friends reported that their entries worked out well, easily taking around 400 points in profit. At the moment, the market is still in a range-bound (consolidation) phase rather than a one-way trend. After the quick reclaim, price has resumed its up-and-down tug-of-war—like a young woman swinging on a swing, full of variety. But everyone must not be misled by this “confusing maze.” If the market continues to oscillate like this tonight, sooner or later it will “cheat” — meaning it breaks out of the current consolidation range and moves into a normal one-way trend!
For the next market moves, the specific trading strategies are as follows:
1. Right-side trading strategy
● Long strategy: When BTC breaks out above 65,747 with strong volume, you can chase longs on the right side. You must wait for the hourly timeframe to hold above 65,820 as a confirmation signal. The upside targets are in the 66,600—67,200 range.
● Short strategy: When BTC breaks down below 65,540 with strong volume, you can chase shorts on the right side. You must wait for the hourly timeframe to drop below 65,450 as a confirmation signal. The downside targets are in the 65,050—64,470 range.
2. Left-side trading strategy
● Long positioning: You can place longs in advance around 64,500—65,000.
● Short positioning: You can place shorts in advance around 66,000—67,000.
The above strategies and key levels are only for reference. Please make sure your actual trading follows the real price action! $BTC